106 Westwood DrSpringvilleAL35146
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Springville at 106 Westwood Dr, Springville, AL, 35146 generates $1,119/mo in rent and, after a $685/mo payment, leaves $329/mo in cash flow. Total monthly income is $1,119/mo, and annual cash flow is $3,949/yr on $46,377 invested. Return on cash invested sits at 28.42% in year one, and rental yield is 9.6% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 147.91% and total cumulative return in cash sums $68,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,119/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35146, Springville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,081 (100%) |
| Owner Occupied HU | 4,314 (84.9%) |
| Renter Occupied HU | 541 (10.6%) |
| Vacant Housing Units | 226 ( 4.4%) |
| Median Home Value | $295,501 |
| Average Home Value | $327,701 |
Housing Distribution
Address Breakdown
Residential
5,035
Single Family
5,035
Multi-Family
0
Businesses
324
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Listed by: Shannon Smith • RE/MAX Marketplace
Mls Name: GALMLS
Mls ID: #21439153